2013 Maryland Code
TAX - PROPERTY
§ 7-303 - Licensed public airport on privately owned land
§7-303.
(a) Real property is not subject to State property tax if:
(1) on the real property there is an airport that is:
(i) located on privately owned land;
(ii) used by the public; and
(iii) licensed under Title 5 of the Transportation Article; and
(2) the real property is the part of the airport that is an improved aircraft landing area, including an approach zone and taxiway, and other part of the property that is designated by the Maryland Aviation Administration as necessary to meet the minimum standards of safety required for licensure.
(b) The property tax exemption under this section only applies for any taxable year for which and to the extent that a property tax exemption is granted by the governing body of a county under § 8-302 of this article.
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